Every entrepreneur understands that effective management and rational distribution of resources is one of the key components of success.Therefore, to maintain the positive dynamics of development, must be timely to carry out various activities to collect and analyze all kinds of data on the work of the enterprise.Audits are one of the most common methods of monitoring and control over the economic activities of the company.This allows you to select the corresponding inspection reports available accounting department regulations, which are set by the legislative authorities, as well as compliance with all rules described in the economic and legal documentation.
Currently, audits are distinguished two types: mandatory and initiative.Let us examine them in more detail.
Initiative checks can be carried out according to the wishes of the entrepreneur.Thus, this type of audit can be performed at any time, and in the amounts stated that organization.For example, testing may be performed only available for cash transactions.Features that have the initiative audits, is the ability to exercise complete control over all the accounts and transactions.Without fail such a procedure is not carried out due to a significant amount of the required procedures.
Mandatory audit, in turn, is an event which is held every year and is regulated by the legislative authorities.As a result of carried out monitoring and supervision of the financial statements, as well as the financial and economic analysis of economic activity of the enterprise.
audits suggest a conclusion which determines the efficiency of the organization and facilitates interaction with banks, tax authorities and others.
should also note the order of events of this kind.First we need to create an information base from which the control will be implemented.Then we study the various forms of accounting, detected level of accuracy and completeness.Further checks for personal job descriptions of all employees of the accounting department.After this follows the conclusion about the reliability of the display of business organization in the reporting documentation, and compliance with existing accounting system and the nature of the enterprise.
Conducting the audit reveals the presence and composition of the administrative documentation, general accounting policies, as well as the degree of compliance, accounting methods and the completeness of disclosure, compliance forms and timing of papers that describe the nature of the company.The results of the test illustrate the financial condition of the property and the results of labor.
